Thursday, May 10, 2007

Geese v. Ganders

Except for being actively counter-productive, economic nationalism has nothing at all to do with economics and everything to do with politics. Andrew Coyne takes on the seemingly incurable affliction of Canadian politicians and media:

Economic nationalists never get around to explaining just how Canada’s sovereignty -- the right of our governments to make laws for the public good -- is tied up in the ownership of a private corporation. It’s just sort of assumed. But in fact a foreign-owned company may as easily be taxed or regulated as a Canadian, as a moment’s thought will reveal. Or if sovereignty is synonymous with ownership, how is either preserved by depriving Canadians of one of the most elementary rights of ownership, the right to sell?
On a side note, what the hell is the government doing advertising itself in Google Ads?